Universal Charge definition
Universal Charge means the charge imposable on all electricity end-users pursuant to Section 34 of Republic Act. No. 9136 and Rule 18 of the IRR of Republic Act No. 9136.
Universal Charge refers to the charge imposed for the recovery of the stranded cost and other purposes pursuant to Section 34 of
Examples of Universal Charge in a sentence
The Universal Charge Coupon is offered in ATB1 and ATB2 print routines.
Other fees duly approved by ERC such as Universal Charge, Franchise and other Transmission Service Charges as defined in Clause 1.1, if applicable, shall be directly passed- on to ORMECO, Inc., if not sufficiently covered by the ORMECO Inc.'s approved unbundled rates by the ERC.